Rentgrata Secures Funding for First-Ever Renter Insights Platform

Funding Rounds

Summary

Today, Rentgrata, the first renter insights platform that creates connections and builds community for multifamily properties, announced it has secured $1MM in financing from prominent venture funds including lead investor M25, as well as Syndicate Fund, Right Side Capital Management, Nelnet, and individual investors like Package Concierge Founder and multifamily innovator Georgianna W. Oliver and ApartmentJet Co-Founder Eric Broughton. Rentgrata helps bring together prospective and current residents through its innovative messaging platform, while providing property owners with better analytics into renter needs to reduce turnover and improve operations. “The younger generation of renters value a dynamic experience in all aspects of their lives, and that includes learning from the collective insights from their peers to improve upon their situations,” said Ben Margolit, co-founder and CEO of Rentgrata. “Having spent my career helping companies leverage marketing technologies that support customer acquisition and retention, Rentgrata is truly delivering the next-generation renter experience thats building additional transparency in the prospects journey to becoming a resident,” said Burns. As the only messaging platform for prospective and current residents to connect and share feedback, Rentgrata facilitates real conversations, while delivering data that helps multifamily professionals better understand renter needs.

$ Funding

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Amount $1.0M Total raised
Date October 16, 2019 Announcement date
Investors M25 Group Lead investors
Company http://www.rentgrata.com Funded company

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